Are you "frugal"? Are you "cheap"? This video on money-saving tips is for you. You will learn how to save money in North America. I will reveal my secrets on how to pay less for the things you need: food, clothing, entertainment, and anything else. I'll talk about the strategies I use to avoid paying full-price for anything! You'll also learn useful English vocabulary. So stop giving away your hard-earned cash, and start penny-pinching with the tips outlined in this lesson. In life, nothing is free -- except EngVid videos and quizzes.
My name's Ronnie, and I'd like to tell you something really cool. I have an interest or a hobby, and maybe it's been passed down from generations, but maybe I've learned it myself. And this is called how to save money. So, one of the things I... One thing that I don't like is to spend a lot of money on things, but unfortunately, sometimes you have to spend money. So, if you are like me and you want to save your hard-earned cash, dinero, money, you're going to be interested in this lesson on how to save money.
First of all, we have some terms that we use for people, like myself, who like to save money in their bank account. If you, again, would like to give me money, please donate at www.engvid.com and I will be the happiest person in the world, next to you, because the joy of giving money is amazing. So, you can use the word "penny-pincher". So, a long time ago we had a one-cent coin. It was called a penny, so a "penny-pincher" is someone who likes to save money, so they pinch their pennies together and they don't want to give it to people. This is a noun. You can say: "She is-Ronnie-a penny-pincher." The other word that we have is: "frugal". This is a difficult one to say. "Frugal". This is an adjective, we can say: "He is frugal", so both of these words mean you do not like to spend money. So these are positive ways to talk about this, but we also have negative ways. So, we have: "cheap", "tight", "stingy", "stingy", and "close-fisted". Now, all my friends in Brazil, hi. You guys have a really funny expression for this, you say: "cow-hand", pata de vaca, I'm not too sure how to say that in Portuguese, but I'm going to learn it. These expressions are a negative way to say someone is a penny-pincher.
So, the difference between someone who is cheap and someone who is a penny-pincher is the penny-pincher will actually buy something that they need, but it will be cheaper; if somebody is cheap, or tight, or stingy, they don't buy what they need. So, as an example, we can say: "He's so cheap, he won't buy his kids new shoes." So this implies that: "Hey, Dad. Guess what? I need some new shoes", but the man is so cheap or so tight that he will not buy the shoes. So you have to be careful of these people, especially if you're going out to dinner with them, because they probably will try not to pay their portion of the bill. Cheap people, be warned. So, penny-pincher and frugal are positive; cheap, tight, stingy, and close-fisted are negative.
So, tips. You want to save money? Hang out with me. I do it all the time. One of my favourite things is an app. In English pronunciation we don't say: "a-p-p", we actually say: "app" or there are "apps" that you can use to save money. My favourite one is called Flip, and it teaches me or it shows me what products are on sale at each supermarket. So, let's say I wanted to buy grapes, I would type in the search: "Grapes", and it would tell me what supermarket has the cheapest grapes that week. This is amazing for Ronnie, because what I used to do is go through the flyers of each store. So, flyers are newspapers that the grocery stores or stores give you to let you know about the sales. It's like a sale newspaper. And we get flyers delivered to our house. Most people look at them and throw them in the garbage. But not I, I would go through the flyers, determine: "Where's the cheapest place to buy eggs?" or whatever, and I would go to that store. I can save you a lot of money. And it's completely legal, which is always cool.
Rule number two: Never buy anything full price. You need new shoes? Wait until they go on sale, unless you have no shoes, like this kid's dad. Never buy anything full price. Wait until it goes on sale. I guarantee you it will go on sale, and if it doesn't, then buy something that does go on sale. So I have a rule: If I want something, I will wait and wait and wait patiently until it goes on sale, and then 50% off, Ronnie's got a half-price new shirt. Woo!
Oh, this might be hard for some people, the temptation of the shopping mall. Hey, if you want to save money, just don't go to the mall. This sounds a little bit logical, but what happens when you go to the mall? You see something... Or don't go to stores. […]